The ARK Union Bank Plaza in Makati City
Photo from Union Bank of the Philippines
Union Bank of the Philippines (UnionBank) continues to bring innovative solutions amid the pandemic with another digital-first: the corporate remote digital account opening (CRDAO).
With the CRDAO platform, corporations may now open checking accounts within 15 minutes anytime, anywhere – without the need to go to a UnionBank branch.
The CRDAO allows relationship managers of the bank to upload digitized documentary requirements into UnionBank’s system remotely.
Corporations can then safely and conveniently manage their accounts from their home or office through UnionBank’s business banking platform The Portal.
UnionBank retail banking center head Mary Joyce Gonzalez said the bank is actively providing digital solutions to the needs of its clients.
“During this time of the pandemic, we have the ability to provide the service and information that our clients need,” Gonzalez said, echoing the citation received by UnionBank as the second most helpful bank in Asia-Pacific during COVID-19, and the only Philippine bank in the top 20 list.